Answer:
The amount allocated to ending inventory is $ 11,520
Explanation:
Using LIFO basis of inventory valuation implies that the items received last are sold first,in other words, sales of 160 units comes from the purchases of 240 units made on July 5,that leaves 80 units of the purchase in closing inventory.
However,the sale of 140 units on 30 July is taken from purchases of 120 units on July 21 as well as purchases of July 5.
The amount allocated to ending inventory is computed below:
July 5 60 units at $112 $6,720
opening inventory 40 units at $120 $4,800
Value of closing inventory $11,520
The personal guarantee corresponds to the document signed by Marcelino as a contractual protection.
<h3 /><h3>What is the personal guarantee?</h3>
It is a legal protection for credit-issuing companies, which guarantees the responsibility for paying debts with the use of the individual's personal assets if the contracting company is unable to bear such expenses.
Therefore, the personal guarantee is a form of legal protection guaranteed by a risk reduction contract to business partners.
Find out more about contract here:
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Answer:
[C] It confirms the patient's insurance plan and eligibility information with the third-party payer to determine the patient's financial responsibility for services rendere
Explanation:
<span>Regarding distribution channels, the channel process includes all activities, beginning with the manufacturer and ending with the final consumer. When products are developed the main goal is to get them into the hands of the consumer, the person making the purchase. Each channel is responsible for an individual task with the end goal being the same. </span>
